The chart of gold tells the story. It's a slow-motion loss of confidence from Inauguration Day until Liberation Day. Afterwards, it's a fast-motion loss of confidence.
There was some selling on Friday, perhaps in the hopes of a weekend trade deal with Japan, but there were dip buyers in a $50 fall on Friday and some recovery then followed by a $41 rally today that's being bid aggressively at the moment.
Last at $3368.
This article was written by Adam Button at www.forexlive.com. Read More Details
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